NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $200MWorld Rnk 14 / 151
Flag Rnk 327 / 1209
2023
Destination $10.5M United States
2022 - 2023
FASTEST GROWING MARKET $10.5MChina
2023
PRODUCT COMPLEXITY IN Locomotive Parts0.82Rnk 247 / 1025
2023
Imports $82.4MWorld Rnk 31 / 199
Flag Rnk 599 / 1209
2023
Origin $8.48M China
2022 - 2023
FASTEST GROWING ORIGIN $8.48MItaly
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $200M in Locomotive Parts, making it the 14th largest exporter of Locomotive Parts in the world. At the same year, Locomotive Parts was the 327th most exported product in Japan. The main destination of Locomotive Parts exports from Japan are: United States ($74M), China ($47M), Indonesia ($16.1M), Hong Kong ($12.1M), and Chinese Taipei ($9.61M).

The fastest growing export markets for Locomotive Parts of Japan between 2022 and 2023 were China ($10.5M), Indonesia ($10M), and Hong Kong ($5.7M).

Imports In 2023, Japan imported $82.4M in Locomotive Parts, becoming the 31st largest importer of Locomotive Parts in the world. At the same year, Locomotive Parts was the 599th most imported product in Japan. Japan imports Locomotive Parts primarily from: China ($21.7M), Germany ($13.1M), Italy ($12M), Hungary ($9.4M), and Australia ($6.23M).

The fastest growing import markets in Locomotive Parts for Japan between 2022 and 2023 were Italy ($8.48M), Hungary ($5.51M), and China ($3.32M).

COMPANIES In 2024, leading companies such as Toyota (2) were at the forefront of shipping Locomotive Parts from Japan to the United States.

Latest Trends

December 2024

About

Overview In December 2024 Japan's Locomotive Parts exports accounted up to ¥3.57B and imports accounted up to ¥522M, resulting in a positive trade balance of ¥3.05B. Between December 2023 and December 2024 the exports of Japan's   Locomotive Parts have increased by ¥729M (25.6%) from ¥2.84B to ¥3.57B, while imports decreased by ¥-580M (-52.6%) from ¥1.1B to ¥522M.

Destinations In December 2024, Locomotive Parts were exported mostly to United States (¥2.14B), China (¥547M), Indonesia (¥417M), South Korea (¥126M), and Singapore (¥116M), and were imported mostly from Australia (¥167M), Italy (¥85.7M), Germany (¥68.1M), China (¥58.9M), and Hungary (¥56.1M).

Growth In December 2024, the increase in Locomotive Parts's year-by-year exports was explained primarily by an increase in exports to Ireland (¥89.9M or 846%), United Kingdom (¥17.7M or 85.8%), and Hong Kong (¥16.2M or 150%). In December 2024, the decrease in Locomotive Parts's year-by-year imports was explained primarily by a decrease in imports from United States (¥-91.8M or -89%), Australia (¥-67M or -98.9%), and China (¥-49.7M or -21.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)¥729M(25.6%)
IMPORT GROWTH (December 2023 - December 2024)¥-580M(-52.6%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United States¥2.14B

This section shows Locomotive Parts's exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Locomotive Parts over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$200M
IMPORTS (2023)$82.4M
NET TRADE (2023)$118M

In 2023, Japan exported $200M in Locomotive Parts. The main destinations of Japan exports on Locomotive Parts were United States ($74M), China ($47M), Indonesia ($16.1M), Hong Kong ($12.1M), and Chinese Taipei ($9.61M).

In 2023, Japan imported $82.4M in Locomotive Parts, mainly from China ($21.7M), Germany ($13.1M), Italy ($12M), Hungary ($9.4M), and Australia ($6.23M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Locomotive Parts EXPORT MARKETS FOR Japan WERE (2022 - 2023):
China$10.5M (28.8%)
Indonesia$10M (165%)
Hong Kong$5.7M (89.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locomotive Parts BY Japan WERE (2022 - 2023):
Chinese Taipei-$15.8M (-62.2%)
United Arab Emirates-$11.7M (-91.1%)
South Korea-$9.14M (-58%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Locomotive Parts were:
China $2.09B
Germany $1.94B
United States $1.67B
In 2023, Japan's main importing competitors in Locomotive Parts were:
Germany $1.55B
Mexico $1.27B
United States $1.04B

Explore Visualizations

Trade Value of Locomotive Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $8.67M
TOP IMPORT POTENTIALChina+ $11.1M

Locomotive Parts’s highest export potential is China. With an export gap of $8.67M.   Locomotive Parts’s highest import potential is China with an import gap of $11.1M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms